PHI Group Inc (PHIL)

[Scapes]

I saw some discussion today about the tax side of trading and thought this info may provide some perspective. I am not a CPA and in no way am I offering tax advice but it’s good to keep up-to-date with the latest changes and how they may affect your investing decisions. After running your anticipated profits ($ millions) through the calculator, it's clear it makes good sense to hold taking profits for more than a year. Good thing for us PHIL is only going to get better the longer you hold, not worse, unlike many other stocks.

The new tax rules retain seven federal income tax brackets, but tax rates and thresholds have changed.
2018-2019 Tax Brackets and Federal Income Tax Rates
Your state might have different brackets, a flat income tax or no income tax at all.

All about long-term and short-term capital gains tax rates, including what triggers capital gains tax, how it's calculated, and 6 ways to cut your tax bill.
How to minimize capital gains taxes - HOLD ON
Whenever possible, hold an asset for a year or longer so you can qualify for the long-term capital gains tax rate, since it’s significantly lower than the short-term capital gains rate for most assets.